Hello,
the problem goes like this:
the marketing manager of a food manufacturing company is planning to introduce a new breakfast cereal into the market. In the past 40% of cereals introduced have been successful, and 60% have been failures. Before the cereals were actually marketed, market research was conducted and the report was compiled. 80% of the cereals received favorable report 30% received unfavorable report . the marketing manager wants to know the probability that the new cereal will be successful if it received a favorable report.
thank you!!!
2007-04-08
15:56:41
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1 answers
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asked by
Lali
2
in
Education & Reference
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